No it doesn't. It has an array of CCDs and chooses the appropriate pixel to capture at runtime based on inferred distance information so the headline should read :

"New Camera Simulates Real-time Focus of Near and Far Field"

Sounds like a fun piece of kit though personally I think in general, having all objects in the field of view in focus will be sensory overload and perhaps a little disturbing, similar to the dissonance created by the inverse - fake depth of field.